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Foxconn Pursues Chip Ambitions With Plans for China Plant

Foxconn, known for assembling iPhones, and the Chinese city of Zhuhai will jointly develop the factory in the Pearl River Delta

Updated Aug. 17, 2018 12:10 p.m. ET

BEIJING—Foxconn Technology Group is making a new push into semiconductors, teaming up with a local government in China’s Pearl River Delta to build a chip fabrication plant, people familiar with the matter said Friday.

The city of Zhuhai announced on its website Friday that Foxconn would work with it in the field of chip and semiconductor equipment design, but gave no further details. In an emailed statement, Foxconn confirmed it has entered into a local partnership, though it added that it doesn’t have plans to build a semiconductor...